ALEXANDRIA, Va. (May 28, 2024) – The National Credit Union Administration has granted a federal charter and Share Insurance Fund coverage to Tribe Federal Credit Union in Minneapolis.
I would like to use this meeting to talk about the NCUA’s recent decision to require credit unions with assets $1 billion and over to publicly publish their revenue from overdraft fees and fees for insufficient funds.
RICHLAND, Wash. and CENTRALIA, Wash., May 23, 2024 /PRNewswire/ -- Gesa Credit Union, a community-focused credit union headquartered in Richland, Washington, and Security State Corporation, the bank holding company of Security State Bank, headquartered in Centralia, Washington, jointly announced today that they have entered into a definitive agreement under which Gesa Credit Union will acquire and assume substantially all of the assets and liabilities of Security State Bank.
Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) issued an “interpretive rule,” subjecting “Buy Now, Pay Later” (BNPL) transactions to provisions of Regulation Z applicable to “credit cards.”
As part of the CFPB’s crusade against junk fees, CFPB Director, Rohit Chopra addressed credit report fees in prepared remarks at the Mortgage Bankers Association’s Secondary & Capital Markets Conference & Expo 2024.
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